According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Application Survey, for the week ending March 27th 2020, the […]
Wood Markets News
COVID-19 Pandemic is Changing How Houses are Bought and Sold
The sale of real estate property was already in the process of evolving when the COVID-19 pandemic struck. Making both […]
LP Building Solutions Announces Adjustments in Response to COVID-19 Pandemic
In response to the COVID-19 pandemic, LP Building Solutions (LP) has announced adjustments to their operating schedules, reduction in capital […]
Consumer Confidence Drops in March as COVID-19 Cases Increase
The Conference Board has reported that its consumer confidence index dropped from 132.6 in February to 120 in March. As […]
Off Site Builders Join Forces to Fight COVID-19 Pandemic and Hospital Bed Shortage
As the COVID-19 pandemic, quickly overwhelms the need for hospital beds and equipment to treat the sick, a modular home […]
Consumer Confidence in Canada Drops to Great Recession Lows
The Bloomberg Nanos Canadian Confidence Index, declined sharply for a second straight week, sinking to the lowest level since the […]
Home Price Increases Were Strong in January
According to the S&P CoreLogic Case-Shiller Indices, home prices rose nationally 3.9% annually, which is up from December’s 3.7% rise. […]
Weyerhaeuser Announces Curtailments and Reduction of Capital Expenditures in Response to COVID-19 Pandemic
Weyerhaeuser has provided an update on the actions that they are taking in response to the COVID-19 pandemic. Devin W. […]
Nonfarm Payroll Employment Grows in February
The U.S. Bureau of Labor Statistics (BLS) is reporting that in February, nonfarm payroll employment increased in 38 states and […]
Pending Home Sales Increase 2.4% in February
The National Association of Realtors® (NAR) has reported Pending Homes Sales Index (PHSI) rose 2.4% to 111.5 in February. Year-over-Year […]